Trian Fund Management, L.P. (“Trian”) absolutely and unconditionally guarantees to The
Wendy’s Company (the “Lessor”) the performance and observance of any and all of the obligations of TASCO, LLC (the “Lessee”) under the foregoing Agreement, including but not limited to the payment in full of all amounts due
from Lessee to Lessor under the Agreement. This Guarantee constitutes the direct, general and unconditional obligation of Trian, is irrevocable and with respect to the obligations of Lessee involving payment of amounts due to Lessor is a guarantee
of payment and not of collection. 

  




|  |  |  |
| --- | --- | --- |
|  |  |  |
| TRIAN FUND MANAGEMENT, L.P. |
| By: Trian Fund Management GP, LLC  its general partner |
|  |  |
| By: |   | /s/ Nelson Peltz |
| Name: |   | Nelson Peltz |
| Title: |   | Member |


 

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